14, CARRAL CLOSE, LINCOLN, LN5 9BD - £184,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 CARRAL CLOSE is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £184,500 in May 2019, which was around 27% below the average May 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

14 CARRAL CLOSE Sold Prices

Land registry data shows three sales for 14 CARRAL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 14 CARRAL CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 20 MAY	£184,500	£252,590	27% below HPI
2018 20 DEC	£156,500	£244,925	36% below HPI
2001 20 JUN	£60,000	£85,873	30% below HPI

14 CARRAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 14 CARRAL CLOSE sales between June 2001 and May 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 14 CARRAL CLOSE?

14 CARRAL CLOSE is 63m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 14 CARRAL CLOSE lies on this distribution: 8% of detached houses are smaller than 14 CARRAL CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

14 CARRAL CLOSE: Plot and Title Map

14 CARRAL CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 14 CARRAL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 14 CARRAL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 14 CARRAL CLOSE?

14 CARRAL CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 14 on CARRAL CLOSE.